Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMU) Short Interest Up 169.0% in July

Invesco BulletShares 2030 Municipal Bond ETF (NASDAQ:BSMUGet Free Report) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 11,775 shares, an increase of 169.0% from the June 30th total of 4,377 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 36,902 shares, the short-interest ratio is presently 0.3 days.

Invesco BulletShares 2030 Municipal Bond ETF Stock Performance

NASDAQ BSMU remained flat at $21.63 during trading on Wednesday. The company’s stock had a trading volume of 17,682 shares, compared to its average volume of 47,315. The stock has a fifty day moving average price of $21.85 and a 200 day moving average price of $21.98. Invesco BulletShares 2030 Municipal Bond ETF has a 12 month low of $21.49 and a 12 month high of $22.31.

Invesco BulletShares 2030 Municipal Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 24th. Investors of record on Monday, July 20th were given a dividend of $0.0525 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Monday, July 20th.

Institutional Trading of Invesco BulletShares 2030 Municipal Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Harbor Investment Advisory LLC bought a new stake in Invesco BulletShares 2030 Municipal Bond ETF in the first quarter valued at $31,000. NewEdge Advisors LLC acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter valued at $56,000. Ascentis Independent Advisors acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter valued at $140,000. Anchor Investment Management LLC acquired a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 1st quarter valued at $142,000. Finally, Cookson Peirce & Co. Inc. bought a new stake in shares of Invesco BulletShares 2030 Municipal Bond ETF in the 4th quarter worth about $210,000.

About Invesco BulletShares 2030 Municipal Bond ETF

(Get Free Report)

The Invesco BulletShares 2030 Municipal Bond ETF (BSMU) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value-weighted index of investment-grade AMT-Free municipal bonds that mature by the end of 2030. BSMU was launched on Sep 16, 2020 and is managed by Invesco.

See Also

Receive News & Ratings for Invesco BulletShares 2030 Municipal Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco BulletShares 2030 Municipal Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.